Eight-Unit Multifamily
7852 FIRST ST Stanton, CA 90680
For Sale
Contact for pricing
Built in 1972, this 8-unit property offers two-bedroom, one-bath apartments with private patios and balconies.
Property Size7,006 SF
Price / SF$338
Days on Market93
Property Features for 7852 FIRST ST
General Information
- Standard status
- Active
- Size
- 7,006 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing Agency:
Marcus & Millichap - Orange County
(949) 419-3200
Listed By:
Tyler Leeson · License #CA 01451551
Source:
Crexi
Added: Apr 22
Changed: Jul 23
Last Checked: Jul 23 at 3:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This 8-unit multifamily property was built in 1972 and consists of eight two-bedroom, one-bath units across approximately 7,006 rentable square feet. The building provides private outdoor space for residents, with ground-floor patios and second-floor balconies. Parking is supported by eight single-car garages plus two surface spaces.
Recent exterior and major system updates include new vinyl windows and garage doors in 2023, a repaved driveway in 2023, new security doors, updated exterior lighting, and fresh exterior paint. The roof was replaced in 2018/2019, and SB-721 balcony work has been completed. Interior improvements include a 2021 remodel for Unit #2, and Unit #5 has been renovated for the 2025/2026 period and is currently vacant, offering immediate availability for a new owner’s next steps.
With a consistent unit mix and a demonstrated history of capital investment, the remaining units provide room to extend a similar renovation approach over time. Drive-by only; please do not walk the property or disturb residents.
Recent exterior and major system updates include new vinyl windows and garage doors in 2023, a repaved driveway in 2023, new security doors, updated exterior lighting, and fresh exterior paint. The roof was replaced in 2018/2019, and SB-721 balcony work has been completed. Interior improvements include a 2021 remodel for Unit #2, and Unit #5 has been renovated for the 2025/2026 period and is currently vacant, offering immediate availability for a new owner’s next steps.
With a consistent unit mix and a demonstrated history of capital investment, the remaining units provide room to extend a similar renovation approach over time. Drive-by only; please do not walk the property or disturb residents.
Key Highlights
- 8‑unit multifamily property built in 1972 with 8 two‑bedroom/one‑bath units across 7,006 rentable SF
- Private outdoor space for every unit: ground‑floor patios and second‑floor balconies
- Parking includes 8 single‑car garages plus 2 surface spaces
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.2k | $36.00 |
| − Vacancy | −$9.1k | −$1.30 |
| EGI | $243.1k | $34.70 |
| − OpEx | −$109.4k | −$15.62 |
| NOI | $133.7k | $19.09 |
7,006 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.91M
$1.67M – $2.23M
NOI $133,725 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.06M – $2.75M
NOI $164,722 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Built in 1972, this 8-unit property offers two-bedroom, one-bath apartments with private patios and balconies.
Where is this apartment building located?
The property is located at 7852 FIRST ST Stanton, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 8‑unit multifamily property built in 1972 with 8 two‑bedroom/one‑bath units across 7,006 rentable SF; Private outdoor space for every unit: ground‑floor patios and second‑floor balconies; Parking includes 8 single‑car garages plus 2 surface spaces
